Glenrand M.I.B Limited - Dealing In Securities By Company Secretary
Glenrand M.I.B Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/008001/06)
Share Code: GMB
ISIN: ZAE000018529
("Glenrand M.I.B")
DEALING IN SECURITIES BY COMPANY SECRETARY
In compliance with rule 3.63 to 3.74 of the JSE Securities Exchange South Africa
Listing Requirements, the following information relating to the dealing in
securities by the company secretary is disclosed:
Name: Mrs Elva Price
Designation: Company Secretary
Date of transaction: 22 December 2003
Nature of transaction: Exercise of options
Strike price: R1,67 per option
Vesting period: 50 000 options were granted on 12 June 1998,
exercisable as follows: 35% of the options
after three years, up to 70% after four
years, and up to 100% after five years.
Price per share: R3,25
Number of shares: 32 500 ordinary shares
Total value: R105 625
Nature and extent of interest: Direct beneficial
Written permission obtained: Yes
Johannesburg
24 December
Sponsor and investment bank
Nedbank Corporate
Date: 24/12/2003 10:49:03 AM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
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